5 Best EV Charging Stocks To Invest In

3. Li Auto Inc. (NASDAQ:LI)

Number of Hedge Fund Holders: 31

Li Auto Inc. (NASDAQ:LI) has strategically positioned itself within the electric vehicle (EV) market by focusing on range-extended electric vehicles that incorporate an onboard gasoline-powered generator to recharge the battery. Li Auto Inc. (NASDAQ:LI)’s technology extends the driving range beyond that of traditional EVs, offering a practical solution for long-distance travel without the need for frequent stops at charging stations.

For Li Auto Inc. (NASDAQ:LI), the number of hedge funds holding LI increased from 28 to 31, indicating a growing interest among hedge funds. More impressively, the total value of these holdings nearly doubled, increasing from approximately $610.93 million in Q3 2023 to about $1.15 billion in Q4 2023.